In-House Expertise
Our state-certified and licensed reviewers have strong backgrounds as valuation practitioners and understand how to produce a top-notch review report.
Appraisal & Evaluation Reviews
Expert CRE Appraisal Review Services Backed by In-House Valuation Depth
For federally regulated banks, appraisal review is more than a best practice. Their federally related transactions are subject to an appropriate review for USPAP compliance. Additionally, the agencies expressly expect that institutions receive a documented, independent, risk-appropriate review on all appraisals and evaluations before the credit decision is made.
The Boxwood team works every day researching U.S. markets, reviewing leasing and cap rates, analyzing sales comparables and producing valuations for our own commercial evaluations and restricted appraisals. That depth of expertise adds a meaningful layer of risk management to your lending operation.
Who Should Use Boxwood's Appraisal Review Services?
Appraisal and evaluation reviews are most valuable when:
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A lender requires independent confirmation of a third-party appraisal before committing to a credit decision.
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An institution's internal review function lacks the in-house CRE expertise to critically assess report quality and USPAP compliance.
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Regulators or auditors have flagged appraisal quality as a risk area within a lending portfolio.
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A complex or high-value property assignment warrants a second set of qualified eyes on the analysis and conclusions.
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An evaluation review is needed to verify that a commercial evaluation meets interagency guidelines and internal credit policy.
Why Use Boxwood's Appraisal and Evaluation Reviews?
As asset valuation specialists in the U.S. small-cap CRE market, Boxwood Means is uniquely qualified to conduct appraisal and evaluation reviews that add a useful layer of risk management to your lending operation.
USPAP Compliance
Boxwood’s reports assess all aspects of the appraisal for completeness, reasonableness, reliability, adequacy pertaining to applicable law, regulations, or client requirements, as well as the appraiser’s competency in structuring and reporting on the analysis.
Standardized, Actionable Reports
Ready to submit alongside the appraisal or evaluation – for internal credit approval, secondary market purposes, or regulatory review.
Experience the Boxwood Means Difference
With over two decades in data analytics, valuations, research, and market analysis in the small-cap commercial real estate space, Boxwood Means is a nationwide provider that companies turn to first for no-nonsense and trusted CRE valuation risk management services.
Appraisal & Evaluation Reviews – FAQs
What is an appraisal review?
An appraisal review is an independent assessment of a commercial appraisal to determine whether the report is credible, well-supported, and compliant with USPAP, applicable regulations, and your institution's requirements. It helps lenders identify potential issues before making a credit decision.
What is an evaluation review?
An evaluation review examines a commercial evaluation report for completeness, reasonableness, and alignment with interagency guidelines and your institution’s credit policy — giving credit teams confidence that the evaluation can support the intended use.
When should I order an appraisal or evaluation review?
Order a review before the credit decision when you need independent confirmation of report quality, when internal review capacity is limited, when regulators have flagged appraisal quality, or when a complex or high-value assignment warrants a second set of qualified eyes.
Who prepares Boxwood's review reports?
Boxwood’s reviewers are state-certified and licensed appraisers with strong backgrounds as valuation practitioners. Reviews are produced in-house — not handed to third-party brokers — so methodology and quality stay consistent from report to report.
What does Boxwood review during the process?
Reviewers analyze completeness, accuracy, adequacy, relevance, and reasonableness across property and market analysis, site and improvements, valuation approaches, and reconciliation and compliance — including the appraiser’s competency in structuring and reporting the analysis.
Are your appraisal review reports USPAP compliant?
Yes. Boxwood’s Appraisal Review reports comply with relevant USPAP Standards and are prepared to support the FIRREA-related expectations examiners look for when institutions document independent, risk-appropriate review.
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Join 200+ commercial lender clients — including 13 of the top 20 U.S. banks — using Boxwood for defensible valuation support.
